L'Oreal's planned expansion into China's beauty markets had been burdened with complications as the country mandates animal testing for every new product introduced to Chinese consumers.
Investors
BioReference declares strategic purchase of Edge BioSystem
BioReference Laboratories made known its definitive agreement for the acquisition of BioSystems CLIA,
SugarCRM raises USD40 million from Goldman Sachs
Goldman Sachs invested USD40 million in software company SugarCRM allowing Goldman Sachs VP Antoine Munfa to join SugarCRM's board of directors.
Life Technologies board approves merger with Thermo Fisher
Life Technologies Corp members of the board approved through voting the company's merger with Thermo Fisher Scientific.
Fibra Inn acquires Hotel Camino Real Guanajuato
Today Fibra Inn said that it had acquired Hotel Camino Real Guanajuato over a deal valued MXN230 million.
Latest News
PTAH Holdings announced talks for acquisition of Midwest based trailer leasing company. PTA Holdings Inc announced a plan to purchase an undisclosed trailer leasing company that is based in the Midwest.
GIC, Singapore's sovereign wealth fund made an offer to purchase Blackstone's Broadgate asset.
Billionaire Carlos Slim's company America Movil said that it had gotten funds to finance the acquisition of KPN's German unit.
On Wednesday, JustFab and ShoeDazzle announced merger in an effort to make a bigger and faster growing online retail company.
Today, Unite US said that it had raised USD2 million in seed funding and plans to launch publicly this fall.
Activist investor William Ackman admitted that he made mistakes on all three retailers that included J.C. Penney, Target and Borders Group.
Hewlett-Packard CEO Meg Whitman appointed several new people on board the computer manufacturer as further deterioration of HP's PC division dissatisfied investors.
After Everbright Securities Co. made erroneous buy orders of CNY23.4 billion last August 16, the state-backed firm suspended the head of its proprietary trading division.
Vodacom Tanzania announced plans for network expansion with TZS 200 billion investment. South Africa's Vodacom in Tanzania announced its plans to develop and grow in the country within the year.
